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20100914
20100914
STATION
KQED (PBS) 2
WETA 2
KQEH (PBS) 1
WMPT (PBS) 1
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
PBS
Sep 13, 2010 7:00pm PDT
audible on wall street today, and in the offices of many u.s. banks. not only are the new capital standards looser than expected, but there's nearly a ten-year phase-in-- considered an eternity in the marketplace. experts say the so-called basel 3 requirements eliminate some uncertainty for financial stock investors, who were worried the rules would be tougher. k.b.w.'s fred cannon says, more importantly, they should help banks do business more cautiously. >> it means that there is risk retention for the banks. if they make a loan or do a mortgage securitization or subprime loan, they are going to have to take some risk and hold it on their balance sheet. and, that's a good thing because that's clearly one of the issues that got us into trouble a couple of years ago. >> reporter: some experts also believe the new capital standards will result in the return of juicy dividends, something that's been missing since the financial crisis unfolded. >> the banks have been precluded from paying dividends because they didn't know what capital needed to be, and they had to keep it all. now w
WETA
Sep 14, 2010 6:30pm EDT
sponsored by wpbt >> tom: good evening and thanks for joining us. the nation's retailers had a relatively strong back-to-school selling season, and susie, that has investors and traders wondering how the sector will do this holiday season. >> susie: tom, the commerce department reports retail sales rose for the second straight month in august. sales were up a better-than- expected four-tenths of a percent last month, while july's sales were also revised higher. >> tom: with "back to school" in the rear view mirror, retailers are looking ahead to the holiday selling season. many stores are deciding now how many temporary workers to hire, if any. as erika miller explains, those decisions can provide some important hints about the strength of holiday sales. >> reporter: in brooklyn, under the manhattan bridge, is a gift shop called stewart/stand. it's a family-owned business-- penelope runs the store, while her brother-in-law paul is in charge of the wholesale division. though it's only september, the two are already finalizing holiday hiring decisions. >> i would suggest probably gathering
Search Results 0 to 5 of about 6 (some duplicates have been removed)